2012-09-21 01:05:27 - Trend and Opportunities in the Chilean Reinsurance Industry to 2016: Market Profile - a new market research report on companiesandmarkets.com
During the review period the Chilean reinsurance segment grew significantly from CLPXX billion (US$XX million) in 2007 to CLPXX billion (US$XX million) in 2011. However, the earthquakes that hit the country in February 2010 negatively impacted the Chilean reinsurance segment as it resulted in high claims paid. Due to this the reinsurance companies were compelled to increase the renewal rates for the existing reinsurance coverage in order to compensate for the incurred losses. This increase in renewal costs is expected to drive the Chilean reinsurance segment over the forecast period.
This report provides an analysis of the reinsurance market in Chile:
â¢ It provides historical values for Chile´s reinsurance market for the report´s 2007â2011 review period and forecast figures for the
2011â2016 forecast period
â¢ It offers a top-level analysis of the key sub-segments in Chile´s reinsurance market, along with market forecasts until 2016
â¢ It provides values for the reinsurance ceded from various direct insurance markets in Chile and its growth prospects
â¢ It profiles the top reinsurance company in Chile
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